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Retirement Plan
3 Months Ended
Sep. 25, 2014
Compensation and Retirement Disclosure [Abstract]  
Retirement Plan

Note 8 – Retirement Plan

On August 2, 2007, our Compensation, Nominating and Corporate Governance Committee approved a restated Supplemental Retirement Plan (the “SERP”) for certain of our executive officers and key employees, effective as of August 25, 2005. The purpose of the SERP is to provide an unfunded, non-qualified deferred compensation benefit upon retirement, disability or death to certain executive officers and key employees. The monthly benefit is based upon each individual’s earnings and his or her number of years of service. Administrative expenses include the following net periodic benefit costs:

 

     For the Quarter Ended  
     September 25,
2014
     September 26,
2013
 

Service cost

   $ 96       $ 81   

Interest cost

     161         159   

Amortization of prior service cost

     239         239   

Amortization of gain

     —           (17
  

 

 

    

 

 

 

Net periodic benefit cost

   $ 496       $ 462